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Now, blockchain-based collectibles and games are changing the way we see and engage with athletes: as fans increasingly have the tools to contribute to, own, and expand the field of play for their favorite stars.Preparing for the upcoming Summer Olympics games in Paris, Michel Cadot advised the Prime Minister’s Office to implement blockchain ticketing for all major sports events around the Olympics held in Paris.

Individuals would receive their tickets as rotating QR codes via blockchain technology, with NFT tickets sent a few days before the event.

crypto mining profits with cloud based farms ✌️【365vc.net】✌️Maximize your returns with smart investments. Monthly profits of up to 100%!These tickets will activate within a specific perimeter of the event location to reduce ticket fraud but also allow event goers to have a lasting memory on the blockchain.As we see events like the Olympics and Leagues like the NFL, NBA, and MLB all experimenting with blockchain and NFTs in different ways, it begs the question – will on-chain assets be the future of athlete’s legacies? Let’s dive into how this technology is used to date and what this can mean for decades to come.NFTs allow fans to own a piece of the game by immortalizing iconic moments as digital collectibles.

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Fans can obtain virtual plots of land within stadiums, earning rewards based on in-game events that take place in their area during official matches, such as goals, assists, and yellow cards.

In 2022, theAOannounced a celebratory NFT collection called Art Balls, featuring 6,776 unique digital tennis balls.

Fans and creators can submit designs for these NFTs.

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MLB also allows fans to own memorabilia from players in a digital format, paving a new way to support favorite players that goes beyond a physical piece of memorabilia or trading card that could get lost, stolen, ripped or broken.

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